Advance Auto Parts Stock Jumps After Better-Than-Expected Profit Guidance

Key TakeawaysAdvance Auto Parts predicted better-than-expected full-year profit, news that sent shares of the auto parts retailer higher. The company posted a surprise quarterly loss, but it cut costs and looked to have "greater discipline and accountability."Shares of rival AutoZone hit an all-time high Tuesday after reporting earnings and revenue that exceeded forecasts.Advance Auto Parts (AAP) posted a surprise fourth-quarter loss, but its earnings outlook sent shares higher on Wednesday.The auto parts r ...